The private rented sector white paper released on 16 June 2022 will aim to guarantee that millions of families benefit from living in quality, well-cared-for houses.
Leasehold Reform has now gained Royal Assent, but it is not yet fully operational. When it is, the amount of ground rent that can be paid under a new long residential lease will equate to a peppercorn per year, thereby making it zero, as promised. What does that mean?
A new tax may be payable to HM Treasury from 1 April 2022 by property developers on their residential property development profits. The final announcement is due at the Autumn 2021 Budget.
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